The CITIC Securities Research Report said that four recent high-standard meetings and statements set the tone for China's green development goals in the coming year. China will adhere to the “double carbon” leadership, promote comprehensive green transformation, further promote energy saving and carbon reduction transformation in key industries, expand the application of green electricity, and cultivate new growth points such as hydrogen energy and green fuels. We believe that during the “15th Five-Year Plan” period, the focus of green power development will gradually shift from incremental construction to equal emphasis on increasing construction and expanding application scenarios. As a link between green power and energy saving and carbon reduction in key industries, green hydrogen and hydrogen-based green fuels are expected to usher in policy bias and accelerate development.

The CITIC Securities Research Report said that four recent high-standard meetings and statements set the tone for China's green development goals in the coming year. China will adhere to the “double carbon” leadership, promote comprehensive green transformation, further promote energy saving and carbon reduction transformation in key industries, expand the application of green electricity, and cultivate new growth points such as hydrogen energy and green fuels. We believe that during the “15th Five-Year Plan” period, the focus of green power development will gradually shift from incremental construction to equal emphasis on increasing construction and expanding application scenarios. As a link between green power and energy saving and carbon reduction in key industries, green hydrogen and hydrogen-based green fuels are expected to usher in policy bias and accelerate development.